With oil prices surging, cryptocurrencies have rallied broadly as investors seek safe-haven assets.
Bitcoin rose 1.28% over the past 24 hours to $71,750.
Bitcoin had earlier climbed to as high as $71,889, nearing $72,000.
Ethereum rose 2.06% to $2,130.
Binance Coin rose 1.52% to $664, while Ripple rose 1.83% to $1.41.
CoinDesk analysts attributed the move to oil prices spiking amid geopolitical tensions in the Middle East.
Since the US invasion of Iran on the 28th, Bitcoin has been among the best-performing assets.
It initially fell about 8% after the conflict, but later rose more than 11%, recovering to around $72,000 and was attempting to break above $73,000.
Oil prices surged, fueling a broad rally in cryptocurrencies as investors seek safe-haven assets.
Bitcoin rose 1.28% over the past 24 hours to $71,750, after earlier climbing to as high as $71,889, nearing $72,000.
Ethereum advanced 2.06% to $2,130, while Binance Coin gained 1.52% to $664 and Ripple rose 1.83% to $1.41.
CoinDesk analysts attributed the move to oil prices spiking amid geopolitical tensions in the Middle East.
Since the U.S. invasion of Iran on the 28th, Bitcoin has been among the best-performing assets.
It initially fell about 8% after the conflict, but later rose more than 11%, recovering to around $72,000 and was attempting to break above $73,000.
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